“US Debt Dispute Rattles Wall Street: Latest Updates and Analysis”

2023-05-24 21:23:23 New York, Düsseldorf The ongoing debt dispute in the US is getting on the nerves of Wall Street investors more and more. The Dow Jones index of standard values ​​closed 0.8 percent lower on Wednesday at 32,799 points. The tech-heavy Nasdaq fell 0.6 percent to 12,484 points. The broad S&P 500 lost 0.7 … Read more

“Family Office Investment Strategies: The Rise of Alternative Investments in Uncertain Markets”

2023-05-08 13:52:04 Skyline Frankfurt With 41 percent of the family offices surveyed, the largest group manages between one and five billion US dollars. (Photo: dpa) Frankfurt Very stubborn inflation, the turnaround in interest rates on the capital markets, the continuing risk of recession in the major western economies: Various uncertainties on the markets are affecting … Read more

Wall Street closes sharply in the red – hopes of rate cuts dampened

Frankfurt Muted hopes of an end to US interest rate hikes continued to weigh on Wall Street. The Dow Jones lost 2.3 percent to 33,202 points. The tech-heavy Nasdaq fell 3.2 percent to 10,810 and the broader S&P 500 fell 2.5 percent to 3,895. Fed Chair Jerome Powell raised fears of a prolonged cycle of … Read more

Florida, Missouri and Louisiana siphon billions from BlackRock over ESG strategy

Blackrock The wealth manager is under pressure to focus more on ESG criteria. (Photo: Archyde.com) New York In the dispute over the ESG criteria of wealth managers, Florida has announced as another US state that it will withdraw funds from BlackRock. The chief financial officer responsible, Jimmy Patronis, justified the move on Thursday by saying … Read more

Investors are hoping for a year-end rally in Bitcoin

Bitcoin The price of the digital currency has been hovering around the $20,000 mark since the summer. (Photo: dpa) Düsseldorf The excitement on the financial market is currently great. Stock prices have recently risen significantly, while bond yields and the dollar have fallen. The triggers are easing interest rate concerns. The crypto market also benefits … Read more

The euro exchange rate slipped to a US dollar for the first time in 20 years

euros and US dollars For the first time since October 2002, the two currencies are worth the same again. (Photo: dpa) Frankfurt, New York It’s a historic date: on Tuesday morning, the euro briefly fell to par with the US dollar. The last time the common currency was this weak was almost two decades ago … Read more

How the price of oil affects stock prices

oil rig Brent oil hit its highest level since 2011 this week. Investors are puzzled as to how the oil price development will affect the markets. (Foto: Getty Images) Frankfurt Over the past two months alone, the price of oil has risen by around a third. Brent oil also hit its highest level since 2011 this … Read more

Increased interest rates: Bond owners face enormous losses

Frankfurt Even the war in Ukraine will probably not avert the forthcoming turnaround in interest rates: For the first time in decades, the major central banks are planning an abrupt change in monetary policy. The British central bank has recently raised interest rates twice in a row, and the US Federal Reserve will follow suit … Read more